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$12 million R&D Investment Leading to Construction of New IPS Studio
Sanders also announced Sonoco is investing $11.9 million to build a new IPS (Innovative Packaging Solutions) research and development studio that will open in the third quarter of 2015 on its Hartsville, S.C., campus. The center will be a state-of-the-art research and development facility that will connect consumer insights to the invention of new consumer packaging.
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